Daily Forecast – Share Market – April 30th, 2025
Nifty may look for 24450 | Trimming on upper levels expected
Saturn is leading the day, well supported by Sun, Moon, Mars, Jupiter and Venus. Almost entire horoscope is active along with Moon, Rahu and Ketu. That means movements will be seen during the day. Lord of the share market is protecting the market. Since, lord of the banks and financial institutions is placed in the neech rashi and indicates because of some activities (negative or positive news – related to banks) – market may be affected on either side.
Today again we may see some better movements. All the planets are active directly or indirectly. Only point of concern for the coming time will be ordering issues, which may affect the sentiment of the market (may take even some time). News may be influencing the trades. So, before closing of the day, it will be better to be cautious, because tomorrow will be off day for the market and day after tomorrow will be a sandwich day.
Nifty may look for 24450. Lord of the share market is protecting house of share market from the Neech rashi, hence may protect the levels, at least till 07-05-2025. Secondly, Chaturgrahi yog in the house of gains or loss may give ups and downs. After the third week of May, changes in the trend of banks and financial institutions can be seen. Sudden/unexpected changes possible.
Later part of the day, possibly news or activities related to foreign lands may influence the sentiment of the market.
Watch Q-4 results.
Almost all the segments may remain active. Crude oil prices may feel some pressure and giving advantage to the oil marketing companies, automobile tyres, power, banks and financial institutions and FIIs may give the direction to the market apart from Q4 results of various companies.
Tomorrow will be non-working day for the market because of Maharashtra Day, so before closing please watch the trade with care.
Nifty may look for 24450. Chances of profit bookings on upper levels. Trade accordingly. Keep a watch on actual news (ignore rumours).
Indian Currency
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